US attorneys investigating Medtronic ties to cardiologist at Massachusetts hospital
By APWednesday, March 10, 2010
Medtronic discloses US attorneys probe in Mass.
WASHINGTON — Medical device maker Medtronic says federal prosecutors are investigating its relationship with cardiologists at a hospital in Massachusetts.
In regulatory filings with the government, Medtronic said it has been asked to hand over documents to the U.S. Attorney’s Office for the District of Massachusetts. The attorneys are seeking information about Medtronic’s CoreValve division and its relationship with heart specialists at the Lahey Clinic in Burlington, Mass. It did not provide further details of the probe.
The clinic is a teaching hospital affiliated with the Tufts University School of Medicine.
Minneapolis-based Medtronic says it will cooperate with the government. It disclosed the investigation in a filing with the Securities and Exchange Commission.
